Richard Rahn

Leaders who cannot see beyond Stage One often cause great harm. Unfortunately for the United States and the world, President Obama continues to exhibit a strange naïvet and a lack of wisdom about domestic and foreign problems , Syria just being the latest example.

The Obama administration has a penchant for not safeguarding agents of the U.S. government that it ought to protect, while at the same time protecting errant civil servants, some of whom belong in jail.

There has been much discussion about which banks and other financial institutions are "too big to fail." In reality, no institution is too big to fail, including any private company or political entity, whether it is Detroit or the former Soviet Union.

What type of tax reform do you want? Simplification of the existing progressive income tax system? A flat tax? A sales tax? A value-added tax? Tax professionals, economists, elected officials, and others heatedly debate the pros and cons of each.